ITI Issues RfP for Procurement of Solar Energy From Bengaluru Grid via PPA

ITI Limited has issued an RfP to procure solar energy for one of its premises in Bengaluru through open access under a 3rd party PPA model.

ITI Solar Energy PPA

State-owned ITI Limited has issued a Request for Proposal (RfP), inviting bids from eligible bidders to procure solar energy for one of its premises in Bengaluru through open access under a 3rd party PPA model.

ITI has plans to enhance the use of renewable energy in the data centre facility to bring it under “Green Data Centre” tag which will contribute towards cutting carbon emission in the environment.

The scope of the selected bidders will involve the supply of the contracted energy to ITI at the injection point, and insuring that the total contracted energy is equivalent to 6,00,000 KWh monthly. The supply of power is permitted from present operational solar power plants till the time of new plant commission as per the RFP or proposed to be commissioned solar power plants on or before the Scheduled Commercial Operation Date (SCOD).

The Contract Period shall be 10 Years from the commercial operation date (COD) of the Project.

The project shall be designed, engineered and constructed by the bidder. And will also be responsible for obtaining necessary approvals (Wheeling, banking Approvals for both the locations) consents, permits, clearances or licenses for the operation of the project and supply of power to ITI facilities. Maintenance of wheeling and banking approvals shall also be the responsibility of the bidder.

The last date for bid submission is October 10, 2019, and the techno-commercial bids will be opened on October 12, 2019. The estimated cost of work for the RFP is Rs 2.5 crore and all bidders must submit an Earnest Money Deposit of Rs 5 lakhs along with their bids.

To be eligible, the bidders must have successfully completed similar nature and class of works in the last three years and must provide a work completion certificate for a single work not costing less than 80 percent of the estimated cost of this project.

Financially, the bidders must have a minimum annual turnover of Rs 1 crore in the last two financial years, and positive net worth.

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Ayush Verma

Ayush Verma

Ayush is a staff writer at saurenergy.com and writes on renewable energy with a special focus on solar and wind. Prior to this, as an engineering graduate trying to find his niche in the energy journalism segment, he worked as a correspondent for iamrenew.com.

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